Any activity related to producing and/or buying and/or selling products (Goods and Services).
It's one of the fundamental concepts in social activity of the mankind.
The Business consists of:
| Shareholders | who own the Business |
|---|---|
| Companies | which represent the Economic Entities of the Business (could one or many) |
The Companies consist of:
| Employees | who run the Business activities under Business Administration |
|---|---|
| Assets | which represents the resources supporting the Business operations |
The Businesses are classified as:
| Commercial Business | Non-Commercial Business |
|---|---|
| with ultimate goal to maximize the Shareholders' Equity | which does not increase the Shareholders' Equity |
See also
[ Commercial Business ] [ Non-Commercial Business ]
[ Business Administration ] [ Economic Entity ] [ Shareholders ] [ Employee ] [ Assets ] [ Products ]
[ Equity ]